Nalco Pays Record Dividend of ₹ 1,928.46 Cr for 2024-25 Fiscal

In it was the central government's share of ₹ 988.88 crore.

Nalco India
State-owned National Aluminium Company (Nalco) Photo: Nalco India
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State-owned National Aluminium Company (Nalco) Ltd on Wednesday paid a record dividend of ₹ 1,928.46 crore for the financial year 2024–25, a statement said.

In it was the central government's share of ₹ 988.88 crore.

A cheque for the amount was handed over to Coal and Mines Minister G Kishan Reddy by NALCO CMD Brijendra Pratap Singh in New Delhi.

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NALCO, which commenced commercial operations in 1987, has consistently earned profits and declared dividends since 1992, the statement said.

The company has so far paid a cumulative dividend of ₹ 14,331 crore, of which ₹ 9,556 crore has been paid to the Centre, which currently holds 51.28 % equity.

After achieving its best-ever quarterly performance during the July-September period, NALCO declared an interim dividend of ₹ 4 per equity share, which is 80 % on the face value of ₹ 5 each, amounting to ₹ 734.65 crore. 

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